Varney: A Democratic president would kill US prosperity

Channel: Fox Business
Published: 05/02/2019

Description
FBN's Stuart Varney on the challenges for 2020 Democratic candidates campaigning against the Trump economy. FOX Business Network (FBN) is a financial news channel delivering real-time information across all platforms that impact both Main Street and Wall Street. Headquartered in New York — the ...



Transcript
The democrats have one huge problem: it's called the rip-roaring trump economy, they don't understand it, they can't explain it, they don't want to talk about it and when they do they mislead 20 months to the election and the democrats are struggling with prosperity several times. President trump has called it the best economy ever well, maybe there's a little exaggeration there, but if anybody do ...
bts how good it is, consider this we're growing faster than any industrial democracy. Yet inflation is falling. That'S not supposed to happen. Mortgage rates around 4 %, that's historically, very low unemployment, 3. 8 percent - that's a generational! Low 7 million unfilled jobs, wages rising at the best rate. In a decade i could goon, but you know you get the gist of it. If you're a democrat, it's tough to argue against this frontrunner, joe biden, doesn't even bother. He just gets it flat out wrong. He talks of stagnant wages. What he's actually denying the success of the trump growth agenda? He is denying prosperity other frontrunners, notably bernie sanders and senator elizabeth warren argue for policies that would destroy our prosperity, raise taxes, confiscate wealth regulate business to death, all in the name of what they think is fairness. We could debate fairness all day long, but don't tell me that socialism brings prosperity, it does not.

The left has no answer to the prosperity we now enjoy. In fact, ifthey were in power, they kill it. So how do they explain our economic success? How did it happen? They don't want to go there. Heaven forbid, they have to admit that tax cuts and deregulation bring growth and jobs. Now, if you're, a glutton for punishment - and you watch cnn you'll hear pundits claim that president obama started it. I got a big lol on that one. The economy is a losing issue for democrats. They hope that trump hatred will pull them through in 2020. I think they're wrong. If president trump stands up and says, for example, are you better off now than you four years ago? The answer from most people will be yes and trumpwins do remember james carville, it's the economy, stupid.


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